Trump Treasury pick's talk boosted an investment he holds

Wed, 01/11/2017 - 17:06 EDT - AP

WASHINGTON (AP) -- President-elect Donald Trump&apos;s wealthy Treasury appointee, Steven Mnuchin (Muh-NEW-chin), says in new government ethics filings he will sell more than $100 million in assets upon taking office. But comments he made in a November television interview may already have boosted the value of one of them....

AP/Evan VucciPresident-elect Donald Trump is set to name his Treasury secretary as soon as Wednesday, The New York Times reports.
His pick is the former Goldman Sachs banker Steven Mnuchin, who served as the national finance chair on Trump's presidential campaign, according to The Times.

Steven Mnuchin is stepping down from the boards of CIT Group Inc. and Sears Holdings Corp., days after he confirmed that President-elect Donald Trump wants him to be the next Treasury secretary. Mnuchin, 53, joined CIT last year when the New York financial services company bought Pasadena-based...

Drew Angerer/Getty Images
WASHINGTON (Reuters) - U.S. President-elect Donald Trump's nominee for Treasury Secretary, Steven Mnuchin, has pledged to divest at least $94 million worth of investments in 43 entities to avoid conflicts of interest, according to an ethics agreement released on Wednesday.

On CNBC this morning, President-elect Donald Trump’s pick to head the Treasury Department, Steven Mnuchin, described a very interesting tax plan. However, it bears little resemblance to any of the multiple plans that Trump proposed during the campaign. For instance, Mnuchin said, “Any reductions we have in upper-income taxes will be [...]

Donald Trump’s pick for Treasury secretary, Steven Mnuchin, dug in on the president-elect’s plans to cut corporate taxes during a televised appearance Wednesday, saying it is the way to “huge economic growth.”